Question
When the Marshall-Lerner condition does not hold, does a countrys current account deficit improves or worsens with a depreciation of the currency?
When the Marshall-Lerner condition does not hold, does a country’s current account deficit improves or worsens with a depreciation of the currency?
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An Introduction To Statistical Methods And Data Analysis
Authors: R. Lyman Ott, Micheal T. Longnecker
7th Edition
1305269470, 978-1305465527, 1305465520, 978-1305269477
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